Every material Form 8-K Strategic Education filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Strategic Education reported third-quarter 2026 revenue up 1.6% to $325.1 million, but a $134.1 million non-cash impairment of goodwill and intangibles tied to Torrens University pushed the company to a net loss of $98.3 million, compared with net income of $26.6 million a year earlier. The company cited persistent international student immigration constraints as the reason for reassessing near-term growth expectations for its Australia/New Zealand business, and it declared a regular quarterly dividend of $0.60 per share.
Revenue rose 1.6% to $325.1 million from $319.9 million, led by Education Technology Services.
Diluted loss per share was $4.68, versus diluted earnings of $1.15 in the third quarter of 2025.
Non-cash impairment of $134.1 million related to the Torrens University acquisition; adjusted diluted EPS (non-GAAP) rose to $1.69 from $1.63.
Quarterly dividend of $0.60 per share declared, payable December 7, 2026, to holders of record as of November 30, 2026.
Strategic Education reported second quarter 2026 revenue of $337.3 million, up 4.9% from $321.5 million a year earlier, and net income of $37.2 million, up from $32.3 million. Diluted EPS rose to $1.71 from $1.37, helped by a lower share count after buybacks, but Australia/New Zealand operating income fell to $1.0 million after a $13.9 million reserve tied to an Australian Fair Work Ombudsman compliance matter.
Revenue $337.3 million vs. $321.5 million; net income $37.2 million vs. $32.3 million
Diluted EPS $1.71 vs. $1.37; diluted shares 21.7 million vs. 23.5 million after $32.8 million of buybacks in the quarter
Australia/New Zealand operating income $1.0 million vs. $12.8 million, including a $13.9 million reserve tied to the Australian Fair Work Ombudsman matter
Quarterly dividend of $0.60 per share, payable September 14, 2026, to holders of record as of September 4, 2026
Strategic Education reported first quarter 2026 results for the period ended March 31, 2026. Revenue rose 0.8% to $305.9 million and diluted earnings per share rose to $1.48 from $1.24, but U.S. Higher Education revenue fell 3.8% and the company's constant currency revenue declined 1.0%.
Revenue rose 0.8% to $305.9 million from $303.6 million a year earlier; on a constant currency basis, revenue fell 1.0% to $300.4 million.
Diluted EPS was $1.48 versus $1.24; net income was $32.8 million versus $29.7 million.
Education Technology Services revenue rose 21.0% to $41.5 million, while U.S. Higher Education revenue fell 3.8% to $212.6 million.
The board declared a quarterly dividend of $0.60 per share, payable June 1, 2026, to holders of record as of May 22, 2026.
Strategic Education reported fourth quarter 2025 revenue of $323.2 million, up 3.8%, and diluted earnings per share of $1.66 compared with $1.05 a year earlier. For full-year 2025, revenue rose 4.0% to $1,268.2 million and diluted EPS was $5.41 versus $4.67, with the company also declaring a $0.60 quarterly dividend for shareholders of record as of March 9, 2026.
Q4 2025 income from operations was $51.6 million, or 16.0% of revenue, versus $36.0 million, or 11.6%, in Q4 2024
Full-year 2025 net income was $126.6 million, compared with $112.7 million in 2024, and the company repurchased shares for $138.9 million during the year
Quarterly cash dividend of $0.60 per share, payable March 16, 2026
The filing does not include financial guidance for 2026
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Strategic Education filing is on SEC EDGAR ↗. 8-K briefs of other companies →